# Siemens and Chromalloy form joint venture for turbine blade cast components

Siemens and Chromalloy Gas Turbine Corp. formed a joint venture, Advanced Airfoil Components, to supply Siemens with turbine blade and vane cast components for power generation, with a combined investment of approximately $130 million and up to 350 new jobs in the US. A new facility is planned, with groundbreaking later in 2017 and completion in fall 2018.

- Type: Partnership
- Announced: 2017-05-09
- Where: multiple Southern states under evaluation, United States
- Value: $130.0M
- Jobs: 350
- Status: announced
- Products: turbine blade and vane cast components
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [Chromalloy Gas Turbine Corporation](https://endata.com/companies/1469.md) (partner)

## Sources

- [powerprogress.com](https://www.powerprogress.com/news/siemens-chromalloy-partner-on-blade-vane-cast-components/7003354.article), 2017-05-09: "Siemens and Chromalloy Gas Turbine Corp. have entered a partnership to form a new joint venture called Advanced Airfoil Components that will supply Siemens with turbine blade and vane cast components for power generation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.